Exhibit 99(i) MERRILL LYNCH & Co., INC. PRELIMINARY UNAUDITED EARNINGS SUMMARY For the Three Months Ended Percent Inc / (Dec) --------------------------------------------- -------------------------- March 30, December 29, March 31, 1Q01 vs. 1Q01 vs. (in millions, except per share amounts) 2001 2000 2000 4Q00 1Q00 ------------- -------------- -------------- ------------ ------------ NET REVENUES Commissions $ 1,505 $ 1,546 $ 2,160 (2.7)% (30.3)% Principal transactions 1,740 1,249 2,038 39.3 (14.6) Investment banking Underwriting 629 674 670 (6.7) (6.1) Strategic advisory 284 434 326 (34.6) (12.9) Asset management and portfolio service fees 1,379 1,471 1,390 (6.3) (0.8) Other 164 118 249 39.0 (34.1) ------------- -------------- -------------- Subtotal 5,701 5,492 6,833 3.8 (16.6) Interest and dividend revenues 6,249 6,171 4,473 1.3 39.7 Less interest expense 5,524 5,395 3,782 2.4 46.1 ------------- -------------- -------------- Net interest profit 725 776 691 (6.6) 4.9 TOTAL NET REVENUES 6,426 6,268 7,524 2.5 (14.6) ------------- -------------- -------------- NON-INTEREST EXPENSES Compensation and benefits 3,244 3,158 3,918 2.7 (17.2) Communications and technology 598 610 584 (2.0) 2.4 Occupancy and related depreciation 270 244 253 10.7 6.7 Advertising and market development 208 226 245 (8.0) (15.1) Brokerage, clearing, and exchange fees 235 221 233 6.3 0.9 Professional fees 134 175 147 (23.4) (8.8) Goodwill amortization 52 55 56 (5.5) (7.1) Other 334 271 403 23.2 (17.1) ------------- -------------- -------------- TOTAL NON-INTEREST EXPENSES 5,075 4,960 5,839 2.3 (13.1) ------------- -------------- -------------- EARNINGS BEFORE INCOME TAXES AND DIVIDENDS ON PREFERRED SECURITIES ISSUED BY SUBSIDIARIES 1,351 1,308 1,685 3.3 (19.8) Income tax expense 428 382 535 12.0 (20.0) Dividends on preferred securities issued by subsidiaries 49 49 49 - - ------------- -------------- -------------- NET EARNINGS $ 874 $ 877 $ 1,101 (0.3) (20.6) ============= ============== ============== Preferred stock dividends 10 10 10 - - ------------- -------------- -------------- NET EARNINGS APPLICABLE TO COMMON STOCKHOLDERS $ 864 $ 867 $ 1,091 (0.3) (20.8) ============= ============== ============== EARNINGS PER COMMON SHARE Basic $ 1.04 $ 1.07 $ 1.40 (2.8) (25.7) Diluted $ 0.92 $ 0.93 $ 1.24 (1.1) (25.8) AVERAGE SHARES Basic 832.2 811.9 780.2 2.5 6.7 Diluted 938.0 930.7 881.7 0.8 6.4

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Exhibit 99(i) MERRILL LYNCH & CO., INC. PRELIMINARY SEGMENT DATA - ---------------------------------------------------------------------------------------- (dollars in millions - unaudited) - ---------------------------------------------------------------------------------------- FOR THE THREE MONTHS ENDED MAR. 30, DEC. 29, MAR. 31, 2001 2000 2000 ------------------------------------- PRELIMINARY SEGMENT DATA CORPORATE AND INSTITUTIONAL CLIENT GROUP Non-interest revenues $ 2,957 $ 2,492 $ 3,333 Net interest profit 288 323 318 -------------------------------------------------------------------------------------- Total net revenues 3,245 2,815 3,651 -------------------------------------------------------------------------------------- Earnings before income taxes and dividends on preferred securities issued by subsidiaries 979 725 1,209 -------------------------------------------------------------------------------------- Pre-tax profit margin 30.2% 25.8% 33.1% -------------------------------------------------------------------------------------- PRIVATE CLIENT GROUP Non-interest revenues $ 2,274 $ 2,421 $ 2,994 Net interest profit 435 456 389 --------------------------------------------------------------------------------------- Total net revenues 2,709 2,877 3,383 --------------------------------------------------------------------------------------- Earnings before income taxes and dividends on preferred securities issued by subsidiaries 355 477 484 --------------------------------------------------------------------------------------- Pre-tax profit margin 13.1% 16.6% 14.3% --------------------------------------------------------------------------------------- MERRILL LYNCH INVESTMENT MANAGERS Non-interest revenues $ 553 $ 640 $ 598 Net interest profit 15 17 15 ---------------------------------------------------------------------------------------- Total net revenues 568 657 613 ---------------------------------------------------------------------------------------- Earnings before income taxes and dividends on preferred securities issued by subsidiaries 98 152 103 ---------------------------------------------------------------------------------------- Pre-tax profit margin 17.3% 23.1% 16.8% --------------------------------------------------------------------------------------- CORPORATE Non-interest revenues $ (83) $ (61) $ (92) Net interest profit (13) (20) (31) ---------------------------------------------------------------------------------------- Total net revenues (96) (81) (123) ---------------------------------------------------------------------------------------- Earnings (loss) before income taxes and dividends on preferred securities issued by subsidiaries (81) (46) (111) ---------------------------------------------------------------------------------------- TOTAL Non-interest revenues $ 5,701 $ 5,492 $6,833 Net interest profit 725 776 691 ---------------------------------------------------------------------------------------- Total net revenues 6,426 6,268 7,524 ---------------------------------------------------------------------------------------- Earnings before income taxes and dividends on preferred securities issued by subsidiaries 1,351 1,308 1,685 ---------------------------------------------------------------------------------------- Pre-tax profit margin 21.0% 20.9% 22.4% ----------------------------------------------------------------------------------------

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Exhibit 99(i) MERRILL LYNCH & CO., INC. - ----------------------------------------------------------------------------------------------------------------------------------- CONSOLIDATED QUARTERLY EARNINGS [UNAUDITED] (in millions) - ----------------------------------------------------------------------------------------------------------------------------------- 1Q00 2Q00 3Q00 4Q00 1Q01 ------------------------------------------------------------ NET REVENUES Commissions $2,160 $1,647 $1,624 $1,546 $1,505 Principal transactions 2,038 1,548 1,160 1,249 1,740 Investment banking Underwriting 670 734 590 674 629 Strategic advisory 326 353 268 434 284 Asset management and portfolio service fees 1,390 1,413 1,414 1,471 1,379 Other 249 282 318 118 164 ------------------------------------------------------------------------------------------------------------------------------ Subtotal 6,833 5,977 5,374 5,492 5,701 Interest and dividend revenues 4,473 5,073 5,479 6,171 6,249 Less interest expense 3,782 4,204 4,704 5,395 5,524 ------------------------------------------------------------------------------------------------------------------------------ Net interest profit 691 869 775 776 725 ------------------------------------------------------------------------------------------------------------------------------ TOTAL NET REVENUES 7,524 6,846 6,149 6,268 6,426 NON-INTEREST EXPENSES Compensation and benefits 3,918 3,508 3,146 3,158 3,244 Communications and technology 584 584 542 610 598 Occupancy and related depreciation 253 259 250 244 270 Advertising and market development 245 263 205 226 208 Brokerage, clearing, and exchange fees 233 233 206 221 235 Professional fees 147 168 147 175 134 Goodwill amortization 56 54 52 55 52 Other 403 364 290 271 334 ------------------------------------------------------------------------------------------------------------------------------ TOTAL NON-INTEREST EXPENSES 5,839 5,433 4,838 4,960 5,075 EARNINGS BEFORE INCOME TAXES AND DIVIDENDS ON PREFERRED SECURITIES ISSUED BY SUBSIDIARIES 1,685 1,413 1,311 1,308 1,351 Income tax expense 535 443 378 382 428 Dividends on preferred securities issued by subsidiaries 49 49 48 49 49 ------------------------------------------------------------------------------------------------------------------------------ NET EARNINGS $1,101 $ 921 $ 885 $ 877 $ 874 Preferred stock dividends 10 9 10 10 10 ------------------------------------------------------------------------------------------------------------------------------ NET EARNINGS APPLICABLE TO COMMON STOCKHOLDERS $1,091 $ 912 $ 875 $ 867 $ 864 - ----------------------------------------------------------------------------------------------------------------------------------- PER COMMON SHARE DATA - ----------------------------------------------------------------------------------------------------------------------------------- 1Q00 2Q00 3Q00 4Q00 1Q01 ------------------------------------------------------------ Basic earnings $ 1.40 $ 1.15 $ 1.09 $ 1.07 $ 1.04 Diluted earnings 1.24 1.01 0.94 0.93 0.92 Dividends paid 0.14 0.15 0.16 0.16 0.16 Book value 18.13 19.47 20.70 21.95 23.28 est. - -----------------------------------------------------------------------------------------------------------------------------------

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Exhibit 99(i) MERRILL LYNCH & CO., INC. - --------------------------------------------------------------------------------------------------------------------- PERCENTAGE OF QUARTERLY NET REVENUES [UNAUDITED] - --------------------------------------------------------------------------------------------------------------------- 1Q00 2Q00 3Q00 4Q00 1Q01 ------------------------------------------------------- NET REVENUES Commissions 28.7% 24.1% 26.4% 24.7% 23.4% Principal transactions 27.1% 22.6% 18.9% 19.9% 27.1% Investment banking Underwriting 8.9% 10.7% 9.6% 10.8% 9.8% Strategic advisory 4.3% 5.2% 4.4% 6.9% 4.4% Asset management and portfolio service fees 18.5% 20.6% 23.0% 23.5% 21.5% Other 3.3% 4.1% 5.1% 1.8% 2.5% ---------------------------------------------------------------------------------------------------------------- Subtotal 90.8% 87.3% 87.4% 87.6% 88.7% Interest and dividend revenues 59.4% 74.1% 89.1% 98.5% 97.2% Less interest expense 50.2% 61.4% 76.5% 86.1% 85.9% ---------------------------------------------------------------------------------------------------------------- Net interest profit 9.2% 12.7% 12.6% 12.4% 11.3% ---------------------------------------------------------------------------------------------------------------- TOTAL NET REVENUES 100.0% 100.0% 100.0% 100.0% 100.0% NON-INTEREST EXPENSES Compensation and benefits 52.1% 51.2% 51.2% 50.4% 50.5% Communications and technology 7.8% 8.5% 8.8% 9.7% 9.3% Occupancy and related depreciation 3.4% 3.8% 4.1% 3.9% 4.2% Advertising and market development 3.3% 3.8% 3.3% 3.6% 3.2% Brokerage, clearing, and exchange fees 3.1% 3.4% 3.4% 3.5% 3.7% Professional fees 2.0% 2.5% 2.4% 2.8% 2.1% Goodwill amortization 0.7% 0.8% 0.8% 0.9% 0.8% Other 5.2% 5.4% 4.7% 4.3% 5.2% ---------------------------------------------------------------------------------------------------------------- TOTAL NON-INTEREST EXPENSES 77.6% 79.4% 78.7% 79.1% 79.0% EARNINGS BEFORE INCOME TAXES AND DIVIDENDS ON PREFERRED SECURITIES ISSUED BY SUBSIDIARIES 22.4% 20.6% 21.3% 20.9% 21.0% Income tax expense 7.1% 6.4% 6.1% 6.1% 6.7% Dividends on preferred securities issued by subsidiaries 0.7% 0.7% 0.8% 0.8% 0.7% ---------------------------------------------------------------------------------------------------------------- NET EARNINGS 14.6% 13.5% 14.4% 14.0% 13.6% Preferred stock dividends 0.1% 0.2% 0.2% 0.2% 0.2% ---------------------------------------------------------------------------------------------------------------- NET EARNINGS APPLICABLE TO COMMON STOCKHOLDERS 14.5% 13.3% 14.2% 13.8% 13.4% - --------------------------------------------------------------------------------------------------------------------- OTHER FINANCIAL DATA - --------------------------------------------------------------------------------------------------------------------- 1Q00 2Q00 3Q00 4Q00 1Q01 ------------------------------------------------------- Non-interest expenses excluding compensation and benefits to net revenues 25.5% 28.2% 27.5% 28.7% 28.5% Compensation and benefits to pre-tax earnings before compensation and benefits 69.9% 71.3% 70.6% 70.7% 70.6% Effective tax rate 31.8% 31.4% 28.8% 29.2% 31.7% -------------------------------------------------------------------------------------------------------------- Common shares outstanding (in millions): Weighted-average - basic 780.2 795.1 805.9 811.9 832.2 Weighted-average - diluted 881.7 904.2 929.0 930.7 938.0 Period-end 789.1 800.9 809.1 814.6 838.4 - ---------------------------------------------------------------------------------------------------------------------

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Exhibit 99(i) MERRILL LYNCH & CO., INC. SUPPLEMENTAL DATA --------------------------------------------------------------------------------------------------------- (dollars in billions - unaudited) --------------------------------------------------------------------------------------------------------- 1Q00 2Q00 3Q00 4Q00 1Q01 ---------------------------------------------------- CLIENT ASSETS $1,792 $1,772 $1,768 $1,681 $1,564 ASSETS UNDER MANAGEMENT(1) $602 $585 $571 $557 $525 Retail 307 283 274 250 233 Institutional 253 257 252 262 250 Private Investors 42 45 45 45 42 U.S. 364 356 351 333 319 Non-U.S. 238 229 220 224 206 Equity 341 343 337 321 282 Fixed Income 103 104 101 108 118 Money Market 158 138 133 128 125 U.S. BANK DEPOSITS $7 $19 $38 $55 $66 ASSETS IN ASSET-PRICED ACCOUNTS $203 $208 $220 $209 $193 ------------------------------------------------------------------------------------------------------ NET NEW MONEY PRIVATE CLIENT ASSETS U.S. $48 $11 $28 $32 $24 Non-U.S. 11 7 7 6 4 ---------------------------------------------------- TOTAL 59 18 35 38 28 ASSETS UNDER MANAGEMENT(2) $4 $16 $1 $12 $7 ------------------------------------------------------------------------------------------------------ DEBT AND EQUITY UNDERWRITING(1)(3) Global Volume $96 $92 $108 $76 $132 Global Market Share 10.6% 12.1% 13.8% 11.8% 13.0% U.S. Volume $79 $69 $77 $55 $112 U.S. Market Share 13.5% 14.2% 14.7% 12.6% 16.2% COMPLETED MERGERS AND ACQUISITIONS(1)(3) Global Value $183 $580 $195 $203 $264 Global Market Share 28.2% 43.7% 26.0% 21.4% 40.1% ------------------------------------------------------------------------------------------------------ FULL-TIME EMPLOYEES 69,400 71,500 72,700 72,000 70,300 FINANCIAL ADVISORS AND OTHER INVESTMENT PROFESSIONALS 19,900 20,600 21,000 21,200 20,400 --------------------------------------------------------------------------------------------------------- (1) Certain prior period amounts have been restated to conform to the current period presentation. (2) Adjusted to exclude the impact of transferring funds to U.S. bank deposits. (3) Full credit to book manager. Market shares derived from Thomson Financial Securities Data statistics. For more information, please contact: Investor Relations Phone: 212-449-7119 Merrill Lynch & Co., Inc. Fax: 212-449-7461 4 World Financial Center investor_relations@ml.com New York, NY 10080

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